A new strategic report about the British cycle industry has today been published by the Bicycle Association. The Value of the Cycling Sector to the British Economy: A Scoping Study was unveiled at the International Cycling History Conference in London’s Guildhall by the BA’s operations director Steve Garidis.
The report explores the current value of the cycling industry and cycling in general to the British economy. Among other findings it reveals that the UK cycle industry is bigger than the UK steel industry.
The Bicycle Association wants the government to recognize cycling’s strategic potential, and how the cycling sector is important for Britain’s proposed new “industrial strategy.”